Wednesday, May 23rd, 2018
  • By Sue Aitken
  • Posted Tuesday, Jan 30, 2018 10:39 am

Dundas Vacant property to be SOLD by City for affordable housing development

A vacant property behind Dundas' Wentworth Lodge has been declared surplus by the City of Hamilton and will be sold for development into affordable housing.

Hamilton city council approved the Nov. 28 recommendations of the affordable housing site selection subcommittee on Jan. 24, making public for the first time a list of city-owned properties to be sold for private development of affordable housing. City staff was directed to deposit all proceeds from the sale of the 16 identified properties, including the estimated 3.8-acre Dundas site east of Sherwood Place nonprofit seniors apartments, into a capital reserve "for use exclusively for new affordable housing development purposes ..."

Staff has also been directed to report back to the subcommittee with an implementation plan establishing a framework for prioritizing, staging and funding the 16 affordable housing projects  [CLICK HERE]

Sue Aitken

Sue has been actively working in the field of Real Estate for over 30 years in the Hamilton area.  Her previous work experience with a lawyers firm and mortgage company gives her a very strong understanding of the workings Read More...

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